LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 101.080000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 110.350000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 105.955 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 110.350000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.830000000 |
| 2nd High | 110.670000000 |
| Next High | 110.350000000 |
| Current Price | 104.450000000 |
| Next Low | 101.080000000 |
| 2nd Low | 99.460000000 |
| 3rd Low | 97.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers